Al-Zarka Educational & Investment Co (AMM:ZEIC) Cyclically Adjusted PB Ratio : 1.24 (As of Jun. 20, 2024)

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What is Al-Zarka Educational & Investment Co Cyclically Adjusted PB Ratio?

As of today (2024-06-20), Al-Zarka Educational & Investment Co's current share price is JOD2.68. Al-Zarka Educational & Investment Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was JOD2.16. Al-Zarka Educational & Investment Co's Cyclically Adjusted PB Ratio for today is 1.24.

The historical rank and industry rank for Al-Zarka Educational & Investment Co's Cyclically Adjusted PB Ratio or its related term are showing as below:

AMM:ZEIC' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.94 Med: 1.09 Max: 1.39
Current: 1.24

During the past years, Al-Zarka Educational & Investment Co's highest Cyclically Adjusted PB Ratio was 1.39. The lowest was 0.94. And the median was 1.09.

AMM:ZEIC's Cyclically Adjusted PB Ratio is ranked worse than
50.69% of 144 companies
in the Education industry
Industry Median: 1.23 vs AMM:ZEIC: 1.24

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted book value per share of a company over the past 10 years.

Al-Zarka Educational & Investment Co's adjusted book value per share data for the three months ended in Mar. 2024 was JOD1.734. Add all the adjusted book value per share for the past 10 years together and divide the count will get our Cyclically Adjusted Book per Share, which is JOD2.16 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation

Al-Zarka Educational & Investment Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Al-Zarka Educational & Investment Co's Cyclically Adjusted PB Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Al-Zarka Educational & Investment Co Cyclically Adjusted PB Ratio Chart

Al-Zarka Educational & Investment Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cyclically Adjusted PB Ratio

Get a 7-Day Free Trial

1.02

1.11

Al-Zarka Educational & Investment Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Cyclically Adjusted PB Ratio	Get a 7-Day Free Trial															0.98	1.04	1.25	1.11	1.23

Competitive Comparison of Al-Zarka Educational & Investment Co's Cyclically Adjusted PB Ratio

For the Education & Training Services subindustry, Al-Zarka Educational & Investment Co's Cyclically Adjusted PB Ratio, along with its competitors' market caps and Cyclically Adjusted PB Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Al-Zarka Educational & Investment Co's Cyclically Adjusted PB Ratio Distribution in the Education Industry

For the Education industry and Consumer Defensive sector, Al-Zarka Educational & Investment Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Al-Zarka Educational & Investment Co's Cyclically Adjusted PB Ratio falls into.

Al-Zarka Educational & Investment Co Cyclically Adjusted PB Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PB Ratio takes the Book Value per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/B calculation. Because it considers this 10-year average, it's often referred to as the CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio.

Al-Zarka Educational & Investment Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio	=	Share Price	/	Cyclically Adjusted Book per Share
	=	2.68	/	2.16
	=	1.24

Al-Zarka Educational & Investment Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Al-Zarka Educational & Investment Co's adjusted Book Value per Share data for the three months ended in Mar. 2024 was:

Adj_Book	=	Book Value per Share	/	CPI of Mar. 2024 (Change)	*	Current CPI (Mar. 2024)
	=	1.734	/	131.7762	*	131.7762
	=	1.734

Current CPI (Mar. 2024) = 131.7762.

Al-Zarka Educational & Investment Co Quarterly Data

	Book Value per Share	CPI	Adj_Book
201406	1.661	100.560	2.177
201409	1.600	100.428	2.099
201412	1.702	99.070	2.264
201503	1.764	99.621	2.333
201506	1.762	100.684	2.306
201509	1.706	100.392	2.239
201512	1.808	99.792	2.387
201603	1.848	100.470	2.424
201606	1.816	101.688	2.353
201609	1.753	101.861	2.268
201612	1.827	101.863	2.364
201703	1.858	102.862	2.380
201706	2.095	103.349	2.671
201709	2.005	104.136	2.537
201712	1.877	104.011	2.378
201803	1.909	105.290	2.389
201806	1.980	106.317	2.454
201809	1.904	106.507	2.356
201812	1.917	105.998	2.383
201903	1.933	107.251	2.375
201906	1.952	108.070	2.380
201909	1.872	108.329	2.277
201912	1.908	108.420	2.319
202003	1.937	108.902	2.344
202006	1.983	108.767	2.402
202009	1.860	109.815	2.232
202012	1.911	109.897	2.291
202103	1.885	111.754	2.223
202106	1.891	114.631	2.174
202109	1.864	115.734	2.122
202112	0.020	117.630	0.022
202203	1.835	121.301	1.993
202206	1.826	125.017	1.925
202209	1.789	125.227	1.883
202212	1.823	125.222	1.918
202303	1.780	127.348	1.842
202306	1.761	128.729	1.803
202309	1.734	129.860	1.760
202312	1.757	129.419	1.789
202403	1.734	131.776	1.734

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

Al-Zarka Educational & Investment Co (AMM:ZEIC) Cyclically Adjusted PB Ratio Explanation

Compared with the regular PB Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PB Ratio smoothed out the fluctuations of book value during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PB Ratio should give similar results to regular PB Ratio.

Al-Zarka Educational & Investment Co Cyclically Adjusted PB Ratio Related Terms

Thank you for viewing the detailed overview of Al-Zarka Educational & Investment Co's Cyclically Adjusted PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.

Al-Zarka Educational & Investment Co (AMM:ZEIC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » Al-Zarka Educational & Investment Co (AMM:ZEIC) » Definitions » Cyclically Adjusted PB Ratio

Comparable Companies

Traded in Other Exchanges

N/A

Address

Commercial Zone, P.O. Box 132222, Al-Zarqa, JOR, 13132

Website

http://www.zu.edu.jo

Al-Zarka Educational & Investment Co provides educational services. It is a private university located in Zarqa city. The university offers quality education that provides students with the knowledge and the essential skills need to upgrade academic achievements, achieve comprehensive and integrated development of their personalities, prepare them for the future and form their positive perspectives.

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